$5,047 Closing Credit*
$425,000
1,936 SqFt
2 Beds
•2 Baths
Rick Metcalfe, Listing Office: Canam Realty Group
Is 85374, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 85374 was a Seller's Market.
Key Takeaway
85374 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 85374, AZ
How much do homes in 85374, AZ cost?
Median Sold Price
$399,873
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,787(+1.2%)
Key Takeaway
Homes in 85374 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 85374 was $399,873 in November 2024, up 1.2% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $221K | -9.8% |
| 2 Bedrooms | $385K | $388K | +0.8% |
| 3 Bedrooms | $400K | $415K | +3.8% |
| 4 Bedrooms | $435K | $415K | -4.6% |
| 5+ Bedrooms | $475K | $475K | 0.0% |
Summary: 85374 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.8%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes did not change.
Housing Supply in 85374, AZ
How many homes are available in 85374, AZ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 359 | 386 | +7.5% |
Summary: The 85374 real estate market had 386 homes for sale in November 2024, a 7.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 17 | +30.8% |
| 2 Bedrooms | 206 | 223 | +8.3% |
| 3 Bedrooms | 110 | 118 | +7.3% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 85374 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 53 | -11.7% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 85374, you may be able to get a good deal. 56.6% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in 85374 in November 2024, down by 11.7% month-over-month. Of the 53 sold homes, 57% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for 85374, AZ
How long does it take to sell a home in 85374, AZ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 52 Days | +12.0% |
Summary: Homes in 85374 had an average of 52 days on market in Nov 2024, up by 12% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 85374 has remained consistent over time.
Summary: During November 2024, 53 homes were sold in 85374; 40% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.